MILWAUKEE, June 21, 2021 /PRNewswire/ -- Ademi LLP is investigating Raven Industries (NASDAQ: RAVN) for possible breaches of fiduciary duty and other violations of law in its transaction with CNH.
Click here to learn how to join the action: https://www.ademilaw.com/case/raven-industries-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Raven Industries' financial outlook is excellent and yet Raven Industries shareholders will receive only $58 per share. The merger agreement unreasonably limits competing bids for Raven Industries by prohibiting solicitation of further bids, and imposing a termination penalty if Raven Industries accepts a superior bid. Raven Industries insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Raven Industries' board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Raven Industries.
If you own Raven Industries common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/raven-industries-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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SOURCE Ademi LLP